60 Peg Leg Road, Eaglehawk, Vic 3556

Located right in the heart of Eaglehawk, this classic miners cottage sits on a versatile 506sqm (approx.) allotment with three street frontages - a rare setup that opens the door to a range of exciting possibilities (STCA). Whether you're an investor looking for a development site, a renovator chasing your next project, or simply someone wanting to get into a well-positioned pocket of Bendigo at an affordable price, this property is worth a closer look.

The home itself is older and fairly original - what you see is what you get. Offering a functional 3-bedroom, 1-bathroom layout, it's liveable as-is while plans are made to update, extend or subdivide (STCA). There's no denying the house needs work, but the bones are there and the scope to modernise or add value is clear.

What really sets this property apart is the land. With frontages to Peg Leg Road, Honeysuckle, and Lester Street, the access and flexibility for future development is second to none. Subject to council approval, there's potential for subdivision, a dual occupancy setup, or a brand-new build that takes full advantage of this prime corner position.

The location adds even more appeal. You're just a short walk to Eaglehawk's main street, shops, supermarket, cafés, parks, and local amenities. It's a tightly held, character-filled neighbourhood that continues to grow in popularity.

Affordable opportunities like this don't come up often in such a central and convenient location. If you're looking for a solid block with big upside, this one has all the makings of a standout project or long-term investment.